Brazil

Brazil's largest food firm, Brasil Foods (BRF), formed after Perdigão agreed to acquire its debt-laden local rival Sadia in May 2009, has reported a drop in sales for 2009 after... 2010-03-02

Chilean retail group Cencosud has reported that its revenues declined in 2009 with results hit by a decline in consumer sentiment and the strengthening of the Chilean currency. In... 2010-02-15

Brazil's largest grocery retailer, Companhia Brasileira de Distribuição (CBD), has reported sales of BRL23.23bn for 2009, a rise of 28.8% on 2008. In Q409, the firm's pattern of... 2010-01-28

Brazil's largest grocery retailer, Companhia Brasileira de Distribuição (CBD), has reported sales of BRL23.23bn for 2009, a rise of 28.8% on 2008. In Q409, the firm's pattern of... 2010-01-28

Retail giant Carrefour has announced plans to invest BRL2.5bn (US$1.4bn) in Brazil over the next two years. The money will be used to open new outlets, a new distribution centre and... 2010-01-26

Bermuda-based LAEP Investments, which controls Brazilian dairy company Parmalat Brasil, has revealed in a regulatory filing that it is to raise BRL120mn (US$68mn) through a private... 2010-01-18

US agribusiness company Bunge has signed a deal to acquire Brazilian sugar-cane processor Moema Participacoes. Moema shareholders will receive 7.3mn shares in Bunge, worth US$452... 2010-01-07

Wal-Mart Brazil's chief executive, Hector Nunez, has revealed that the firm will invest up to BRL2.2bn (US$1.2bn) in 2010. This would represent by far the biggest ever annual investment... 2009-12-24

Brazil's National Association of Biscuits Manufacturers (Aniba) vice-president José dos Santos dos Reis has said that biscuit sales in the country are expected to have increased... 2009-12-15

Brazil's largest grocery retailer Companhia Brasileira de Distribuição (CBD) has announced plans to acquire a 51% stake in Casa Bahia Commercial, the country's largest retailer... 2009-12-07